The Trade Policy for the Republic of the Marshall Islands · i The Trade Policy for the Republic of...

Page 1

i

The Trade Policy for the Republic of the

Marshall Islands

BY

THE MINISTRY OF RESOURCES AND DEVELOPMENT

DIVISION OF TRADE AND INVESTMENT

MAY 2012

Page 2

1

ANN

EX 2

TRAD

E PO

LICY

AN

D IM

PLEM

ENTA

TIO

N M

ATRI

X

Divi

sion

of T

rade

and

Inve

stm

ent

Min

istr

y of

Res

ourc

es a

nd D

evel

opm

ent

Repu

blic

of t

he M

arsh

all I

slan

ds

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

Nat

iona

l Con

sulta

tive

Mec

hani

sm

Th

e G

over

nmen

t sha

ll es

tabl

ish

the

Nat

iona

l Tra

de F

acili

tatio

n C

omm

ittee

com

pris

ing

repr

esen

tativ

es fr

om th

e go

vern

men

t, th

e pr

ivat

e se

ctor

an

d ci

vil s

ocie

ty to

ass

ist t

he

natio

n to

form

ulat

e, n

egot

iate

an

d im

plem

ent t

he T

rade

Po

licy.

R&

D

Min

iste

r, Pr

esid

ent o

f C

ham

ber o

f C

omm

erce

, C

abin

et.

2010

PIFS

, G

over

nmen

t, de

velo

pmen

t pa

rtner

s

1

NTF

C e

stab

lishe

d by

D

ec 2

010

and

fund

ing

secu

red.

Cab

inet

Pap

er p

asse

d,

esta

blis

hing

NTF

C, M

embe

rs o

f N

TFC

app

oint

ed a

nd/o

r the

va

rious

sub-

com

mitt

ees

desi

gnat

ed.

All

stak

ehol

ders

invo

lved

in

trade

pol

icy

form

ulat

ion

and

the

Gov

ernm

ent r

ecei

ves

regu

lar a

nd c

redi

ble

advi

ce

on tr

ade

polic

y m

atte

rs.

Page 3

2

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

(i) T

he N

TFC

shal

l be

com

pose

d of

R&

D (M

IMR

A,

MIV

A, A

gric

ultu

re),

AG

(I

mm

igra

tion)

, CoC

, MO

FA

(Com

pact

, Lab

or),

Farm

ers

Ass

ocia

tion,

Han

dicr

afts

A

ssoc

iatio

n, M

oF, E

PPSO

, EP

A, T

&C

, MIM

A, M

inis

try o

f In

tern

al A

ffairs

, NG

Os

(WU

TMI/M

ICN

GO

s),

Legi

slat

ive

Cou

nsel

ors,

MIB

A,

busi

ness

repr

esen

tativ

es fr

om

PRC

and

RoC

, CM

I, M

ICS.

R&

D

Min

iste

r, Pr

esid

ent o

f C

ham

ber o

f C

omm

erce

, C

abin

et.

2010

1

Num

ber o

f NTF

C

Mem

bers

atte

ndin

g m

eetin

gs

NTF

C c

ompo

sed

of

repr

esen

tativ

es fr

om a

ll th

e m

ajor

stak

ehol

ders

as p

er th

e tra

de p

olic

y re

com

men

datio

n.

Impr

oved

coo

rdin

atio

n an

d co

nsul

tatio

n w

ith a

ll st

akeh

olde

rs o

n tra

de p

olic

y fo

rmul

atio

n an

d im

plem

enta

tion.

(ii) T

he c

hair

shal

l est

ablis

h te

chni

cal s

ub-c

omm

ittee

s to

deal

with

tech

nica

l tra

de is

sues

re

latin

g to

fish

erie

s, to

uris

m,

agric

ultu

re, m

arke

t acc

ess,

trade

in

serv

ices

and

inve

stm

ent,

trade

-rel

ated

issu

es a

nd A

id fo

r Tr

ade.

Cha

ir of

N

TFC

2012

1

Num

ber o

f Sub

-co

mm

ittee

mee

tings

Rel

evan

t sub

com

mitt

ees

esta

blis

hed

to d

eal w

ith

tech

nica

l iss

ues.

Rob

ust a

naly

sis b

y su

b-co

mm

ittee

s use

d to

form

ulat

e co

untry

spec

ific

and

evid

ence

ba

sed

and

prag

mat

ic tr

ade

polic

ies.

(iii)

The

Cha

ir of

the

NTF

C

shal

l rep

ort t

o th

e C

abin

et a

nd

Niti

jela

.

Cha

ir of

N

TFC

20

13

1

Num

ber a

nd q

ualit

y of

repo

rts

Rep

orts

from

NTF

C to

Min

iste

r, C

abin

et a

nd N

itije

la.

Cab

inet

and

Niti

jela

brie

fed

and

sens

itize

d on

key

trad

e po

licy

mat

ters

to e

nabl

e th

em

to m

ake

soun

d tra

de la

ws a

nd

polic

ies.

(iv) A

t lea

st 5

0% o

f the

m

embe

rs o

f the

NTF

C sh

all b

e w

omen

.

Cha

ir of

N

TFC

, R&

D

Min

iste

r

2015

1

Num

ber o

f wom

en in

th

e N

TFC

N

umbe

r of w

omen

par

ticip

atin

g in

the

NTF

C.

Issu

es a

ffec

ting

wom

en in

tra

de fu

lly m

ains

tream

ed in

th

e tra

de p

olic

y an

d m

easu

res

to su

ppor

t and

pro

mot

e th

e pa

rtici

patio

n of

wom

en in

tra

de a

dopt

ed a

nd

impl

emen

ted.

Page 4

3

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

(v) A

t lea

st 5

0% o

f the

mem

bers

of

the

NTF

C sh

all b

e fro

m th

e pr

ivat

e se

ctor

.

Cha

ir of

N

TFC

, R&

D

Min

iste

r

2015

Num

ber o

f priv

ate

sect

or m

embe

rs o

f th

e N

TFC

Num

ber a

nd fr

eque

ncy

of

priv

ate

sect

or p

artic

ipat

ion

in

the

NTF

C.

Bus

ines

s frie

ndly

trad

e po

licie

s whi

ch e

ncou

rage

s in

vest

men

t, pr

ivat

e se

ctor

de

velo

pmen

t and

exp

orts

.

(vi)

The

Gov

ernm

ent s

hall

prov

ide

adeq

uate

fund

ing

to

enab

le th

e N

TFC

to o

pera

te

effe

ctiv

ely

incl

udin

g th

e hi

ring

of a

long

-term

Tra

de E

xper

t. A

ssis

tanc

e sh

all a

lso

be so

ught

fro

m d

onor

s and

the

priv

ate

sect

or to

fund

NTF

C a

ctiv

ities

.

Cha

ir of

the

NTF

C, R

&D

M

inis

ter

2013

R&

D, F

inan

ce,

PIFs

, de

velo

pmen

t pa

rtner

s. A

t lea

st

$150

000

per

yr.

1

Fund

ing

for t

he

NTF

C se

cure

d.

NTF

C m

eetin

gs h

eld

at le

ast

four

tim

es e

ach

year

; Sub

-co

mm

ittee

mee

tings

and

co

nsul

tatio

ns h

eld

regu

larly

and

re

ports

pre

sent

ed.

The

NTF

C h

as a

dequ

ate

tech

nica

l and

fina

ncia

l re

sour

ces t

o m

eet r

egul

arly

an

d fo

rmul

ate

soun

d tra

de

polic

ies.

(viii

) The

NTF

C sh

all b

e ch

aire

d by

the

Pres

iden

t of t

he

Cha

mbe

r of C

omm

erce

and

the

Vic

e C

hair

will

be

from

R&

D,

whi

ch w

ill a

lso

serv

e as

the

Secr

etar

iat.

Cha

ir of

the

NTF

C, R

&D

M

inis

ter

2010

1

Cha

ir an

d V

ice

Cha

ir ap

poin

ted.

R

epor

ts o

f NTF

C m

eetin

gs

conv

ened

and

cha

ired.

N

TFC

func

tioni

ng p

rope

rly

and

the

Cha

ir an

d V

ice

Cha

ir ar

e ab

le to

show

lead

ersh

ip

and

prom

ote

the

inte

rest

s all

the

stak

ehol

ders

.

M

AC

RO

-EC

ON

OM

IC F

RA

ME

WO

RK

RM

I sha

ll m

ains

trea

m tr

ade

into

the

natio

nal d

evel

opm

ent

plan

and

pro

vide

the

nece

ssar

y su

ppor

t to

enha

nce

the

capa

city

of

the

priv

ate

sect

or to

pro

duce

qu

ality

goo

ds a

nd se

rvic

es th

at

can

be e

xpor

ted

com

petit

ivel

y to

pro

mot

e su

stain

able

, exp

ort-

led

econ

omic

gro

wth

, de

velo

pmen

t and

em

ploy

men

t.

Dire

ctor

for

EPPS

O, C

oC,

R&

D

2015

1

Trad

e m

ains

tream

ed

into

the

ND

P Tr

ade

polic

ies f

ully

refle

cted

in

the

Nat

iona

l Dev

elop

men

t pla

n an

d se

ctor

al p

lans

and

pol

icie

s.

Trad

e us

ed a

s a to

ol to

pr

omot

e in

clus

ive,

su

stai

nabl

e ec

onom

ic g

row

th

and

deve

lopm

ent.

Page 5

4

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

T

he N

atio

nal D

evel

opm

ent P

lan

(i)

RM

I sha

ll as

sess

the

resu

lts

of th

e SD

PF a

nd u

se th

e le

sson

s le

arnt

to d

evel

op a

new

Nat

iona

l D

evel

opm

ent P

lan

whi

ch w

ill

take

into

acc

ount

Vis

ion

2018

, th

e ex

istin

g re

ports

, pla

ns,

polic

ies a

nd in

trodu

ce

perfo

rman

ce b

ased

bud

get a

nd

real

istic

and

mea

sura

ble

indi

cato

rs.

EPPS

O

2012

Com

pact

, D

evel

opm

ent

Partn

ers

1

ND

P in

pla

ce b

y 20

14 a

nd tr

ade

fully

m

ains

tream

ed in

to

the

ND

P.

Trad

e is

fully

mai

nstre

amed

in

the

ND

P an

d se

ctor

al p

lans

and

po

licie

s.

Trad

e fu

lly m

ains

tream

ed

into

the

ND

P an

d se

ctor

al

plan

s and

pol

icie

s and

te

chni

cal a

nd fi

nanc

ial

supp

ort c

oord

inat

ed p

rope

rly

to a

ddre

ss tr

ade

prio

ritie

s.

(ii) T

he M

inis

try o

f Fi

nanc

e/C

abin

et sh

all a

lloca

te

adeq

uate

reso

urce

s tha

t are

re

quire

d to

impl

emen

t the

Tra

de

Polic

y.

R&

D

Min

iste

r, Fi

nanc

e,

Cab

inet

, N

itije

la

2013

Gov

ernm

ent,

Dev

elop

men

t Pa

rtner

s

1

$ al

loca

ted

to tr

ade

rela

ted-

activ

ities

Im

plem

enta

tion

budg

et

disc

usse

d an

d ag

reed

A

dequ

ate

reso

urce

s sec

ured

to

impl

emen

t the

trad

e po

licy.

(iii)

R&

D sh

all a

sses

s and

re

fres

h th

e R

&D

Stra

tegy

to

ensu

re th

at tr

ade

is fu

lly

mai

nstre

amed

into

the

stra

tegy

.

NTF

C, R

&D

, EP

PSO

20

13

Com

pact

, D

evel

opm

ent

partn

ers

1

R&

D S

trate

gy

final

ized

in 2

014

Trad

e fu

lly m

ains

tream

ed in

to

the

R&

D S

trate

gy a

nd th

e ac

tiviti

es in

the

stra

tegy

are

fu

lly fu

nded

and

impl

emen

ted

in a

man

ner w

hich

supp

ort a

nd

prom

ote

trade

.

Trad

e fu

lly m

ains

tream

ed

into

the

R&

D S

trate

gy a

nd a

ll re

leva

nt se

ctor

al p

olic

ies a

nd

plan

s (ag

ricul

ture

, fis

herie

s, to

uris

m, t

rans

porta

tion,

etc

..)

Supp

ort a

nd p

rom

ote

trade

an

d pr

ivat

e se

ctor

de

velo

pmen

t.

(iv) T

he D

ivis

ion

resp

onsib

le

for T

rade

and

Inve

stm

ent s

hall

be st

reng

then

ed a

nd st

affe

d by

at

leas

t thr

ee lo

cal a

nd q

ualif

ied

trade

exp

erts

. The

re is

a n

eed

to

sens

itize

the

Cab

inet

on

the

impo

rtanc

e of

trad

e an

d th

e ne

ed to

pro

vide

the

nece

ssar

y su

ppor

t for

trad

e an

d pr

ivat

e se

ctor

dev

elop

men

t. R

MI s

hall

seek

fund

ing

from

Dev

elop

men

t Pa

rtner

s to

fund

one

in

tern

atio

nal t

rade

exp

ert f

or 3

-5

year

s to

wor

k w

ith th

e lo

cal

coun

terp

arts

and

bui

ld

inst

itutio

nal c

apac

ity o

n tra

de

and

assi

st in

impl

emen

ting

the

R&

D

Min

iste

r, Fi

nanc

e,

2012

Gov

ernm

ent,

PIFS

, D

evel

opm

ent

Partn

ers.

1

Num

ber o

f qua

lifie

d pe

rson

s sta

ffing

the

trade

and

inve

stm

ent

divi

sion

Fund

ing

secu

red

to h

ire

qual

ified

loca

l sta

ff an

d to

hire

an

inde

pend

ent i

nter

natio

nal

trade

exp

ert t

o tra

in, s

ensi

tize

and

build

indi

vidu

al a

nd

inst

itutio

nal c

apac

ity o

n tra

de

mat

ters

.

Inst

itutio

nal c

apac

ity to

ha

ndle

trad

e m

atte

rs

impr

oves

.

Page 6

5

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

Trad

e Po

licy.

Cap

acity

Bui

ldin

g sh

all i

nvol

ve tr

aini

ng a

nd

atta

chm

ent t

o re

gion

al a

nd

inte

rnat

iona

l tra

de

orga

niza

tions

.

E

cono

mic

Gro

wth

RM

I sha

ll ta

ke m

easu

res t

o fa

cilit

ate

priv

ate

sect

or

deve

lopm

ent a

nd in

crea

se th

e ex

port

s of g

oods

and

serv

ices

w

ith a

vie

w to

enh

ance

su

stai

nabl

e ec

onom

ic g

rowt

h,

empl

oym

ent a

nd d

evel

opm

ent.

NTF

C, R

&D

, EP

PSO

, Pr

ivat

e se

ctor

.

2015

Gov

ernm

ent,

Priv

ate

sect

or.

1

Num

ber a

nd im

pact

of

mea

sure

s tak

en b

y G

over

nmen

t to

faci

litat

e pr

ivat

e se

ctor

dev

elop

men

t.

Num

ber o

f cha

nges

mad

e to

tra

de a

nd in

vest

men

t law

s, am

ount

of s

uppo

rt pr

ovid

ed o

n tra

de-r

elat

ed in

frast

ruct

ure,

nu

mbe

r of p

ublic

firm

s pr

ivat

ised

, am

ount

of t

arge

ted

ince

ntiv

es fo

r bus

ines

s sta

rt-up

pr

ovid

ed, i

ntro

duct

ion

of

busi

ness

-frie

ndly

tax

regu

latio

ns

etc.

..

Incr

ease

in p

rivat

e se

ctor

ac

tiviti

es, a

s wel

l as i

n ex

ports

of g

oods

and

serv

ices

an

d nu

mbe

r of p

eopl

e em

ploy

ed in

the

priv

ate

sect

or a

nd G

DP

grow

th.

(i) E

PPSO

shal

l be

give

n en

ough

reso

urce

s to

com

pile

ba

se-li

ne d

ata

and

disa

ggre

gate

d st

atis

tics o

n G

DP

and

cont

ribut

ion

of a

gric

ultu

re,

fishe

ries,

and

serv

ices

to G

DP

as w

ell a

s acc

urat

e st

atis

tics o

n ba

lanc

e of

pay

men

ts to

ena

ble

RM

I to

use

verif

iabl

e in

dica

tors

to

mea

sure

eco

nom

ic p

rogr

ess

and

the

impl

emen

tatio

n of

the

Trad

e Po

licy.

EPPS

O,

R&

D,

MIM

RA

, N

TFC

2015

Gov

ernm

ent,

IMF,

PFT

AC

, A

DB

, SPC

1

Supp

ort p

rovi

ded

to

EPPS

O to

pro

duce

di

sagg

rega

ted

stat

s on

GD

P an

d B

OP.

EPPS

O e

stab

lishe

s and

m

aint

ains

bas

e-lin

e an

d di

sagg

rega

ted

stat

istic

al d

ata

on

GD

P an

d co

ntrib

utio

ns fr

om a

ll se

ctor

s inc

ludi

ng tr

ade

in

serv

ices

.

RM

I has

relia

ble

stat

istic

s to

mea

sure

eco

nom

ic g

row

th

and

the

impa

ct o

f mea

sure

s ta

ken

unde

r the

trad

e po

licy

to e

nsur

e th

at tr

ade

is u

sed

to

prom

ote

sust

aina

ble

econ

omic

gro

wth

and

de

velo

pmen

t.

(ii) E

PPSO

shal

l be

give

n m

ore

reso

urce

s to

cont

inue

wor

king

w

ith th

e Se

cret

aria

t of t

he

Paci

fic C

omm

unity

(SPC

), PI

FTA

C a

nd IM

F to

impr

ove

its

stat

istic

s.

EPPS

O

2013

Gov

ernm

ent,

IMF,

PFT

AC

, A

DB

, SPC

1

Dis

aggr

egat

ed

stat

istic

s on

GD

P,

BO

P

EPPS

O se

cure

s res

ourc

es fr

om

gove

rnm

ent a

nd d

onor

s to

cont

inue

stre

ngth

enin

g st

atis

tics.

Inst

itutio

nal c

apac

ity o

f RM

I to

gen

erat

e cr

edib

le a

nd

relia

ble

stat

istic

s im

prov

ed

and

mea

sure

s put

in p

lace

to

ensu

re su

stai

nabi

lity.

Page 7

6

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

(iii)

RM

I sha

ll ta

ke u

rgen

t m

easu

res t

o cu

rb u

ncon

trolle

d go

vern

men

t exp

endi

ture

and

in

trodu

ce p

ositi

ve m

easu

res t

hat

are

nece

ssar

y to

cre

ate

an

envi

ronm

ent t

hat i

s con

duci

ve

for t

rade

, inv

estm

ent a

nd p

rivat

e se

ctor

dev

elop

men

t. H

owev

er,

the

Gov

ernm

ent s

hall

ensu

re

that

ade

quat

e, q

ualif

ied

and

expe

rienc

ed w

orke

rs a

re

empl

oyed

in th

e G

over

nmen

t to

enab

le it

to fu

nctio

n ef

ficie

ntly

.

EPPS

O,

Fina

nce,

N

TFC

2015

AD

B, U

S 2

Num

ber o

f peo

ple

empl

oyed

in G

vt a

nd

amou

nt sp

ent o

n pu

blic

em

ploy

men

t, nu

mbe

r of m

easu

res

take

n to

refo

rm tr

ade

and

inve

stm

ent l

aws

and

polic

ies.

Red

uctio

n of

fund

s spe

nt o

n go

vern

men

t em

ploy

ees,

inef

ficie

nt p

ublic

ent

erpr

ises

pr

ivat

ised

, law

s ref

orm

ed to

pr

omot

e tra

de a

nd in

vest

men

t, ac

cess

to lo

ans i

mpr

oved

and

tim

e-lim

ited

ince

ntiv

es

prov

ided

.

Unn

eces

sary

pub

lic

expe

nditu

re c

urbe

d an

d gr

owth

in p

rivat

e se

ctor

ac

tivity

and

pro

duct

ion

of

qual

ity p

rodu

cts p

rodu

ced

for

expo

rt an

d do

mes

tic

cons

umpt

ion.

(iv) T

he ro

le o

f gov

ernm

ent

shal

l be

limite

d to

pro

vidi

ng

basi

c in

frast

ruct

ure,

ess

entia

l se

rvic

es, r

egul

atio

n an

d ad

optin

g m

easu

res t

hat e

nhan

ce

and

faci

litat

e pr

ivat

e se

ctor

de

velo

pmen

t rat

her t

han

vent

urin

g in

to d

irect

co

mm

erci

al o

pera

tions

in

com

petit

ion

with

the

priv

ate

sect

or.

EPPS

O,

Fina

nce,

N

TFC

2015

R&

D, C

ompa

ct,

deve

lopm

ent

partn

ers

1

Impr

oved

in

frast

ruct

ure

and

serv

ices

, #of

pr

ivat

ised

firm

s.

Num

ber o

f Gov

ernm

ent o

wne

d en

terp

rises

priv

atiz

ed, a

nd th

e am

ount

of f

unds

pro

vide

d to

bu

ild tr

ade-

rela

ted

phys

ical

in

frast

ruct

ure.

Gov

ernm

ent p

rovi

des

effic

ient

and

relia

ble

infra

stru

ctur

e an

d se

rvic

es

and

the

priv

ate

sect

or

prod

ucin

g qu

ality

goo

ds a

nd

serv

ices

.

(v) T

he G

over

nmen

t sha

ll se

t ta

rget

s on

econ

omic

gro

wth

and

as

wel

l as o

ther

soci

o-ec

onom

ic

goal

s and

ass

ess i

ts p

erfo

rman

ce

on a

chie

ving

MD

Gs.

EPPS

O

2015

Gov

ernm

ent,

IMF,

PFT

AC

, A

DB

, SPC

, U

ND

P D

evel

opm

ent

Partn

ers.

2

Mea

sura

ble

econ

omic

targ

ets a

nd

prog

ress

tow

ards

ac

hiev

ing

MD

Gs

Targ

eted

eco

nom

ic b

ench

mar

ks

esta

blis

hed.

R

MI h

as re

liabl

e st

atis

tics

and

targ

ets t

o m

easu

re

econ

omic

gro

wth

and

the

impa

ct o

n ot

her s

ocia

l ob

ject

ives

to e

nsur

e th

at tr

ade

is u

nder

take

n in

a su

stai

nabl

e m

anne

r.

Page 8

7

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

(vi)

RM

I sha

ll re

form

and

/or

priv

atis

e pu

blic

ent

erpr

ises

to

enha

nce

effic

ienc

y in

serv

ice

deliv

ery,

pro

mot

e co

mpe

titiv

enes

s and

low

er th

e co

st o

f doi

ng b

usin

ess i

n R

MI.

EPPS

O,

Cab

inet

20

15

AD

B,

Gov

ernm

ent,

Com

pact

, D

evel

opm

ent

partn

ers.

3

Num

ber o

f ref

orm

s or

priv

atis

ed fi

rms

and

redu

ctio

n in

co

sts o

f doi

ng

busi

ness

.

Expa

nded

and

revi

talis

ed

com

petit

ive

priv

ate

sect

or,

whi

ch in

turn

pay

taxe

s int

o go

vern

men

t tre

asur

y.

Incr

ease

d ef

ficie

ncy,

hig

h qu

ality

pro

duct

s, go

vern

men

t re

venu

e an

d gr

owth

(vii)

The

Gov

ernm

ent s

hall

adop

t tra

de m

easu

res t

hat w

ill

enha

nce

priv

ate

sect

or

deve

lopm

ent a

nd st

imul

ate

the

prod

uctio

n of

goo

ds a

nd

serv

ices

that

can

be

trade

d co

mpe

titiv

ely

in th

e lo

cal

mar

ket a

nd in

maj

or e

xpor

t m

arke

ts.

NTF

C, R

&D

, EP

PSO

20

18

Gov

ernm

ent

3

Num

ber o

f goo

ds

and

serv

ices

pr

oduc

ed b

y th

e pr

ivat

e se

ctor

bot

h fo

r loc

al a

nd e

xpor

t m

arke

t.

Incr

ease

in q

ualit

y an

d qu

antit

y of

pro

duct

s ava

ilabl

e fo

r bot

h lo

cal a

nd e

xpor

t mar

ket.

Stro

ng p

rivat

e se

ctor

cap

able

of

pro

duci

ng q

ualit

y an

d co

mpe

titiv

e go

ods a

nd

serv

ices

for l

ocal

and

exp

ort

mar

ket e

nhan

ced

econ

omic

gr

owth

and

incr

ease

in

empl

oym

ent a

nd q

ualit

y of

lif

e.

(viii

) The

Gov

ernm

ent s

hall

crea

te a

goo

d tra

de a

nd

inve

stm

ent e

nviro

nmen

t to

enha

nce

priv

ate

sect

or

deve

lopm

ent,

trade

and

em

ploy

men

t par

ticul

arly

in th

e pr

oduc

tive

sect

ors o

f fis

herie

s, ag

ricul

ture

, tou

rism

, han

dicr

aft,

man

ufac

turin

g an

d se

rvic

es.

Gov

ernm

ent,

Priv

ate

sect

or

2018

Gov

ernm

ent

1

Num

ber o

f peo

ple

empl

oyed

by

the

priv

ate

sect

or.

Red

uced

une

mpl

oym

ent,

incr

ease

d do

mes

tic c

onsu

mpt

ion

and

boos

t inv

estm

ent,

as w

ell a

s in

crea

sed

gove

rnm

ent r

even

ue

The

busi

ness

env

ironm

ent

impr

oved

and

pro

duct

ion

in

key

sect

ors s

uch

as fi

sher

ies,

tour

ism

and

agr

icul

ture

in

crea

sed

and

the

leve

l of

empl

oym

ent a

nd th

e st

anda

rd

of li

ving

impr

oved

.

(ix) R

MI s

hall

adop

t bes

t pr

actic

es o

n la

bor a

s re

com

men

ded

by th

e In

tern

atio

nal L

abor

O

rgan

izat

ion

to e

nsur

e th

at th

e rig

hts o

f wor

kers

incl

udin

g th

e de

cent

wor

k pr

ogra

m, b

asic

co

nditi

ons o

f em

ploy

men

t and

th

e fre

edom

to o

rgan

ize

are

fully

impl

emen

ted.

MoF

A,

NTF

C

2015

Gov

ernm

ent,

ILO

, SPC

, C

ompa

ct, U

S Fe

dera

l Pr

ogra

ms.

3

Num

ber

of IL

O

reco

mm

enda

tions

im

plem

ente

d.

Num

ber o

f lab

or la

ws b

ased

on

ILO

reco

mm

enda

tions

. B

asic

righ

ts o

f wor

kers

re

spec

ted

and

good

wor

king

co

nditi

ons p

rovi

ded.

Page 9

8

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

(x) E

duca

tion

and

train

ing

from

el

emen

tary

to te

rtiar

y le

vels

sh

all i

nclu

de e

ntre

pren

eurs

hip

skill

s and

the

voca

tiona

l tra

inin

g an

d ot

her t

rain

ing

by th

e C

olle

ge o

f Mar

shal

l Isl

ands

, the

N

atio

nal T

rain

ing

Cou

ncil

(NTC

) sha

ll fo

cus o

n sk

ills t

hat

are

in sh

ort s

uppl

y in

RM

I and

ab

road

. A c

ompr

ehen

sive

H

uman

reso

urce

s Dev

elop

men

t Po

licy

is re

quire

d to

ens

ure

that

th

e ed

ucat

ion

that

is p

rovi

ded

is

rele

vant

to R

MI a

nd th

e bu

sine

ss c

omm

unity

.

Educ

atio

n,

NTC

, NTF

C,

CM

I

2020

Gov

ernm

ent,

ILO

, SPC

, C

ompa

ct, U

S Fe

dera

l Pr

ogra

ms.

1

Num

ber o

f ski

lled

loca

l peo

ple,

HR

D

polic

y, fu

ll ut

iliza

tion

of la

bor

mar

ket a

cces

s in

the

US.

Num

ber o

f loc

al sk

illed

w

orke

rs, n

umbe

r of b

usin

esse

s ow

ned

by lo

cal e

ntre

pren

eurs

, im

prov

emen

t in

qual

ity o

f ed

ucat

ion

and

train

ing,

hig

her

prod

uctiv

ity, i

ncre

ased

re

mitt

ance

s.

Impr

ovem

ent i

n qu

ality

of

educ

atio

n, lo

cal s

kills

, and

em

ploy

men

t of l

ocal

wor

kers

.

(xi)

RM

I sha

ll pr

ivat

ise

som

e of

th

e SO

Es th

at a

re d

rain

ing

publ

ic re

sour

ces a

nd o

nly

borro

w m

oney

for e

ssen

tial

infra

stru

ctur

al p

roje

cts a

nd

publ

ic se

rvic

es.

Cab

inet

, EP

PSO

, Fi

nanc

e,

NTF

C

2013

Gov

ernm

ent,

AD

B

1

Num

ber o

f priv

atiz

ed

firm

s. R

educ

ed a

nd st

ream

lined

go

vern

men

t exp

endi

ture

, and

en

larg

ed p

rivat

e se

ctor

with

pr

ofit-

driv

en a

nd ta

x-pa

ying

fir

ms.

Incr

ease

d co

ntrib

utio

n of

pr

ivat

e se

ctor

to G

DP,

en

hanc

ed e

ffici

ency

in

serv

ice

deliv

ery

and

effic

ient

an

d su

stai

nabl

e m

anag

emen

t of

stat

e re

sour

ces.

(xii)

Som

e of

the

infra

stru

ctur

e pr

ojec

ts sh

all b

e fu

nded

thro

ugh

publ

ic-p

rivat

e pa

rtner

ship

s.

Cab

inet

, EP

PSO

, Fi

nanc

e,

NTF

C

2015

Gov

ernm

ent,

priv

ate

sect

or.

1

Num

ber o

f PPP

. B

ette

r and

tailo

red

infra

stru

ctur

e de

velo

ped

in a

cos

t effe

ctiv

e m

anne

r.

Envi

ronm

ent c

ondu

cive

for

trade

, inv

estm

ent a

nd p

rivat

e se

ctor

par

ticip

atio

n an

d de

velo

pmen

t.

A

gric

ultu

re

Th

e G

over

nmen

t sha

ll pr

omot

e an

d fa

cilit

ate

inve

stmen

t in

agri

cultu

re a

nd e

nhan

ce th

e ca

paci

ty o

f the

pri

vate

sect

or to

pr

oduc

e qu

ality

pro

duct

s in

a co

nsis

tent

man

ner t

o su

pply

the

loca

l mar

ket a

nd e

xpor

t a fe

w

nich

e pr

oduc

ts su

ch a

s non

i an

d co

conu

t by-

prod

ucts

.

R&

D,

Farm

ers

Ass

ocia

tion,

M

IA

2015

Dev

elop

men

t Pa

rtner

s, FA

O,

SPC

, AD

B,

1

Shar

e of

agr

ic

prod

ucts

pro

duce

d lo

cally

and

qua

ntity

an

d va

lue

of e

xpor

ts.

Hig

h va

lue

agric

ultu

ral p

rodu

cts

prod

uced

in su

stai

nabl

y in

crea

sed

quan

titie

s.

Incr

ease

d fo

od se

lf-su

ffici

ency

and

cap

acity

to

expo

rt qu

ality

pro

duct

s.

Page 10

9

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

(i)

The

Gov

ernm

ent s

hall

impr

ove

trans

porta

tion

infra

stru

ctur

e an

d se

rvic

es a

nd

faci

litat

e th

e pa

rtici

patio

n of

the

priv

ate

sect

or in

agr

icul

ture

by

crea

ting

a tra

nspa

rent

regu

lato

ry

regi

me

and

leve

l pla

ying

fiel

d in

th

e tra

nspo

rtatio

n se

ctor

.

T&C

, NTF

C,

R&

D, M

IA

2015

Inve

stor

s, G

over

nmen

t 1

Impr

ovem

ent i

n ai

r, se

a tra

nspo

rtatio

n,

incl

udin

g sc

hedu

led

ship

ping

to o

uter

is

land

s.

Impr

ovem

ent i

n tra

nspo

rtatio

n an

d pa

rtici

patio

n of

priv

ate

sect

or in

agr

icul

ture

and

in

crea

sed

yiel

ds fo

r bot

h do

mes

tic c

onsu

mpt

ion

an

expo

rt, a

nd h

ighe

r far

mer

s' in

com

e.

An

effic

ient

tran

spor

tatio

n sy

stem

, whi

ch e

ncou

rage

s pr

ivat

e se

ctor

par

ticip

atio

n in

ag

ricul

ture

to e

nsur

e th

at

agric

ultu

re, p

lays

a g

reat

er

role

in th

e ec

onom

y-G

reat

er

cont

ribut

ion

of a

gric

ultu

re to

G

DP.

(ii)

The

Min

istry

of R

esou

rces

an

d D

evel

opm

ent,

Tobo

lar a

nd

prod

ucer

repr

esen

tativ

es sh

all

esta

blis

h qu

ality

stan

dard

s for

al

l pos

t-har

vest

act

iviti

es a

nd

copr

a sp

ecifi

catio

ns.

R&

D,

Tobo

lar,

farm

ers,

MIA

2015

Dev

elop

men

t Pa

rtner

s, SP

C,

AD

B

2

Prod

uctio

n of

qua

lity

copr

a.

Stan

dard

s for

cop

ra p

rodu

ctio

n ag

reed

and

est

ablis

hed.

R

MI p

rodu

cing

qua

lity

copr

a an

d ot

her c

ocon

ut p

rodu

cts.

(iii)

The

Gov

ernm

ent s

hall

expl

ore

poss

ibili

ties o

f re

stru

ctur

ing

or p

rivat

izin

g To

bola

r to

ensu

re th

at it

is ru

n on

a c

omm

erci

al b

asis

with

out

drai

ning

pub

lic re

sour

ces.

Oth

er

mea

ns o

f sup

porti

ng th

e ne

eds

of th

e pe

ople

in th

e ou

ter i

slan

ds

shal

l be

also

be

expl

ored

to

impr

ove

rura

l liv

elih

ood

and

food

secu

rity.

R&

D, M

oIA

, T&

C, M

ISC

, To

bola

r, N

TFC

, MIA

2015

Japa

n, U

S, R

oC,

AD

B

1

Tobo

lar

priv

atis

ed/ru

n on

co

mm

erci

al b

asis

. A

ssis

tanc

e pr

ovid

ed

to o

uter

isla

nds t

o im

prov

e ru

ral

livel

ihoo

d an

d fo

od

secu

rity.

Tobo

lar p

rivat

ised

/cor

pora

tized

an

d ru

n on

a c

omm

erci

al b

asis

an

d se

rvic

ing

the

need

s of o

uter

is

land

s wel

l.

Effic

ient

man

agem

ent o

f To

bola

r red

uced

gov

ernm

ent

spen

ding

on

Tobo

lar a

nd

impr

oved

qua

lity

of se

rvic

e to

out

er is

land

s.

(iv) T

he g

over

nmen

t sha

ll as

sist

fa

rmer

s to

esta

blis

h fa

rmer

s’

asso

ciat

ions

/coo

pera

tives

to

enab

le th

em to

pro

duce

pro

duct

s in

a c

onsi

sten

t man

ner.

R&

D,

farm

ers,

MIA

20

15

FAO

, SPC

, G

over

nmen

t 3

Num

ber o

f far

mer

s as

soci

atio

ns

coop

erat

ives

.

Farm

ers A

ssoc

iatio

ns

esta

blis

hed

and

play

ing

an

activ

e ro

le in

repr

esen

ting

the

need

s of f

arm

ers i

n th

e N

TFC

.

Voi

ce o

f far

mer

s hea

rd in

po

licy

mak

ing,

con

sist

ent

prod

uctio

n of

agr

icul

tura

l pr

oduc

ts.

(v)

The

Gov

ernm

ent s

hall

prom

ote

inve

stm

ent i

n ag

ricul

ture

and

exp

lore

the

poss

ibili

ty o

f con

tract

farm

ing.

R&

D,

NTF

C,

farm

ers,

MIA

2015

R

&D

2

Val

ue o

f inv

estm

ent

in a

gric

ultu

re.

Mea

sure

s tak

en b

y th

e go

vern

men

t to

prom

ote

inve

stm

ent i

n ag

ricul

ture

and

th

e am

ount

of i

nves

tmen

t, ag

ricul

ture

loan

s pro

vide

d,

farm

ers'

train

ing

prog

ram

s or

gani

zed

and

orga

nize

d fa

rmin

g.

Incr

ease

d in

vest

men

t in

agric

ultu

re to

enh

ance

the

quan

tity

and

qual

ity o

f ag

ricul

tura

l pro

duct

ion.

Page 11

10

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

(vi)

The

Gov

ernm

ent s

hall

faci

litat

e ac

cess

to fi

nanc

e (g

rant

s/co

nces

sion

al lo

ans)

. The

am

ount

of l

oans

shal

l be

incr

ease

d to

a re

ason

able

leve

l an

d th

e pr

oced

ures

shal

l be

sim

plifi

ed.

R&

D,

farm

ers,

BM

I, M

IDB

, M

IA

2014

Dev

elop

men

t pa

rtner

s, G

over

nmen

t, B

MI,

MID

B

1

Num

ber o

f agr

ic lo

an

appl

icat

ions

, and

va

lue.

Farm

ers a

ssis

ted

with

loan

s and

gr

ants

(fin

ance

, see

dlin

gs,

man

ure

etc)

app

licat

ion

proc

ess

and

proc

edur

es a

nd

requ

irem

ents

for a

cces

sing

loan

s st

ream

lined

and

sim

plifi

ed.

Incr

ease

d lo

ans/

gran

ts

avai

labl

e fo

r agr

icul

ture

and

fa

cilit

ate

acce

ss to

fund

s to

prom

ote

farm

ing

as a

bu

sine

ss w

ith th

e ul

timat

e go

al o

f inc

reas

ing

qual

ity a

nd

quan

tity

of p

rodu

ctio

n in

a

cons

iste

nt m

anne

r.

(vii)

R

&D

shal

l fac

ilita

te

valu

e ad

ditio

n an

d de

cent

raliz

atio

n of

the

coco

nut

oil e

xtra

ctio

n. T

he g

over

nmen

t ne

eds t

o se

cure

don

or fu

ndin

g to

ru

n a

pilo

t pro

ject

on

valu

e ad

ditio

n to

coc

onut

pro

duct

s (in

clud

ing

virg

in c

ocon

ut o

il) in

th

e ou

ter i

slan

ds.

R&

D,

farm

ers,

MIA

20

13

Dev

elop

men

t pa

rtner

s 1

Pilo

t pro

ject

co

mm

ence

s.

Dec

entra

lizat

ion

and

valu

e ad

ditio

n to

coc

onut

pro

duct

s, fu

nds f

or a

pilo

t pro

ject

secu

red

and

com

men

cem

ent o

f the

pr

ojec

t.

Incr

ease

d va

lue

addi

tion

to

coco

nut p

rodu

cts a

nd

dece

ntra

lizat

ion

of

prod

uctio

n to

out

er is

land

s to

impr

ove

the

livin

g st

anda

rds

of p

eopl

e in

out

er is

land

s.

(viii

) R

MI s

hall

incr

ease

do

mes

tic fo

od p

rodu

ctio

n an

d co

nsum

ptio

n an

d es

tabl

ish/

stre

ngth

en n

ew

farm

ers’

mar

kets

to re

duce

the

impo

rt bi

ll an

d ad

dres

s the

he

alth

and

food

secu

rity

conc

erns

.

R&

D,

farm

ers,

BM

I, M

oH,

MIA

2013

Dev

elop

men

t pa

rtner

s, G

over

nmen

t, FA

O, S

PC

1

Qua

ntity

/val

ue o

f lo

cal f

ood

prod

uced

an

d co

nsum

ed.

Incr

ease

in p

rodu

ctio

n an

d co

nsum

ptio

n of

loca

l foo

ds,

loca

l far

mer

s' m

arke

t cre

ated

for

dom

estic

, Qua

rant

ine

mea

sure

s st

reng

then

ed, T

rain

ing

and

rese

arch

in a

gric

ultu

re im

prov

ed

and

Syne

rgie

s int

rodu

ced

on

prod

uce

colle

ctio

n fro

m o

uter

is

land

s.

Incr

ease

d pr

oduc

tion

and

cons

umpt

ion

of h

ealth

y lo

cally

pro

duce

d fo

odst

uff,

impr

ove

in fo

od se

curit

y an

d su

bstit

utio

n of

impo

rts th

at

can

be p

rodu

ced

effic

ient

ly in

R

MI.

(ix) R

MI s

hall

re-p

lant

coc

onut

pl

ants

as w

ell a

s oth

er p

lant

s th

at a

re u

sed

as ra

w m

ater

ials

fo

r han

dicr

aft,

med

icin

e, a

nd

othe

r pro

duct

s.

R&

D,

farm

ers,

MIA

20

13

SPC

, FA

O,

Gov

ernm

ent,

Dev

elop

men

t pa

rtner

s.

1

Num

ber o

f pla

nts

repl

ante

d/ h

ecte

rs

plan

ted

Num

ber o

f pla

nt re

plan

ted

succ

essf

ully

. C

onsi

sten

t sup

ply

of c

opra

an

d co

pra

prod

ucts

, and

oth

er

plan

ts fo

r pro

duct

ion

of v

alue

ad

ded

prod

ucts

and

ha

ndic

rafts

.

Page 12

11

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

(x)

The

Gov

ernm

ent s

hall

stre

ngth

en m

easu

res t

o pr

otec

t th

e co

untry

aga

inst

the

intro

duct

ion

and

spre

ad o

f in

jurio

us p

ests

and

dis

ease

s and

en

sure

that

RM

I exp

orts

mee

t th

e ex

ports

requ

irem

ents

.

R&

D,M

IA

2013

SPC

, FA

O, P

IFS,

G

over

nmen

t, D

evel

opm

ent

partn

ers.

1

Bio

secu

rity

law

s re

view

ed,

inst

itutio

nal c

apac

ity

stre

ngth

ened

, pes

t lis

t upd

ated

, RM

I pr

oduc

ts c

ompl

ying

w

ith e

xpor

t re

quire

men

ts.

Inju

rious

pes

ts a

nd d

isea

ses

erad

icat

ed th

roug

h st

reng

then

ed

mea

sure

s, R

MI's

exp

orts

of a

gro

prod

ucts

boo

sted

.

RM

I agr

icul

ture

kep

t saf

e fro

m in

jurio

us p

ests

and

di

seas

es, s

usta

ined

ag

ricul

tura

l pro

duct

ion

assu

red

and

incr

ease

in

prod

ucts

ava

ilabl

e fo

r loc

al

and

expo

rt m

arke

ts.

(xi)

RM

I sha

ll ta

ke m

easu

res t

o su

ppor

t the

farm

ers t

o in

crea

se

expo

rts o

f nic

he a

nd v

alue

-ad

ded

coco

nut p

rodu

cts

incl

udin

g no

ni p

rodu

cts a

nd

hand

icra

ft.

R&

D,

farm

ers,

MIA

20

15

FAO

, UN

DP,

SP

C 2

Qua

ntity

/val

ue o

f ag

ric e

xpor

ts.

Tech

nica

l ski

lls p

rovi

ded

to

farm

ers,

qual

ity in

put m

ater

ial

prov

ided

, pos

t-har

vest

stor

age

faci

litie

s pro

vide

d an

d tra

nspo

rtatio

n fa

cilit

ies

impr

oved

.

Incr

ease

d pr

oduc

tion

of h

igh

valu

e co

conu

t, no

ni a

nd

hand

icra

ft pr

oduc

ts.

(x)T

echn

ical

and

fina

ncia

l as

sist

ance

shal

l be

prov

ided

to

impr

ove

tech

nica

l ana

lysi

s, te

stin

g an

d ce

rtific

atio

n (in

clud

ing

orga

nic

certi

ficat

ion)

of

loca

l pro

duct

s to

ensu

re th

at

they

mee

t dom

estic

and

in

tern

atio

nal s

tand

ards

.

R&

D,

farm

ers,

MIA

20

15

SPC

, FA

O,

Dev

elop

men

t pa

rtner

s

2

Num

ber o

f loc

al

prod

ucts

org

anic

ally

ce

rtifie

d an

d m

eetin

g ex

port

stan

dard

s.

Fund

s sec

ured

to a

ssis

t RM

I to

mee

t exp

ort r

equi

rem

ents

in

clud

ing

orga

nic

certi

ficat

ion.

RM

I pro

duce

s pro

duct

s tha

t m

eet i

nter

natio

nal s

tand

ards

an

d de

velo

ps tr

ade

in o

rgan

ic

prod

ucts

.

(xi)

RM

I sha

ll pr

omot

e co

nsum

ptio

n of

loca

l far

m

prod

uce

in l

ocal

scho

ols,

hosp

itals

, pris

ons,

carg

o an

d pa

ssen

ger v

esse

ls a

nd o

ther

st

ate

publ

ic fu

nctio

ns se

rvin

g fo

ods.

R&

D,

farm

ers,

publ

ic

inst

itutio

ns,

MIA

2013

Gov

ernm

ent

1

Qua

ntiy

/val

ue o

f ag

ric p

rodu

cts

cons

umed

by

publ

ic

inst

itutio

ns.

Mea

sure

s tak

en b

y th

e go

vern

men

t to

prom

ote

prod

uctio

n an

d co

nsum

ptio

n of

lo

cal f

oods

.

Incr

ease

in th

e nu

mbe

r of

peop

le c

onsu

min

g he

alth

y lo

cal p

rodu

cts.

Page 13

12

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

(xii)

Reg

ulat

ory

mea

sure

s sha

ll be

stre

amlin

ed to

pro

mot

e co

nser

vatio

n, d

evel

opm

ent o

f th

e na

tura

l res

ourc

es a

nd

expo

rts o

f loc

al p

rodu

cts f

rom

sa

fe a

nd fe

asib

le p

roje

cts.

R&

D,

farm

ers,

MIA

20

15

Dev

elop

men

t pa

rtner

s, G

over

nmen

t.

1

Num

ber o

f co

nser

vatio

n m

easu

res

adop

ted/

enfo

rced

.

Reg

ulat

ory

mea

sure

s put

into

pl

ace

Agr

icul

ture

con

duct

ed in

a

sust

aina

ble

and

envi

ronm

enta

lly fr

iend

ly

man

ner.

Fi

sher

ies

Th

e G

over

nmen

t sha

ll pr

omot

e an

d fa

cilit

ate

susta

inab

le

fishi

ng, l

ocal

par

ticip

atio

n,

fore

ign

inve

stmen

t in

inte

grat

ed c

atch

ing,

ons

hore

-pr

oces

sing

and

valu

e ad

ditio

n.

MIM

RA

, PN

A, F

FA,

WC

PFC

, M

IA

2010

MIM

RA

, PN

A,

FFA

, EU

, SFP

, SP

C.

1

Fish

erie

s co

nser

vatio

n ta

rget

s ac

hiev

ed a

nd R

MI

getti

ng m

axim

um

retu

rns f

rom

trad

e in

its

fish

erie

s re

sour

ces.

# of

loca

l pr

ivat

e se

ctor

pa

rtici

patin

g in

the

fishe

ries b

usin

ess.

Fish

erie

s con

serv

atio

n m

easu

res

impl

emen

ted

and

loca

l inv

esto

rs

vent

urin

g in

fish

erie

s pro

vide

d w

ith fi

nanc

ial a

nd te

chni

cal

assi

stan

ce, a

nd o

ther

ince

ntiv

es.

Con

serv

atio

n an

d m

anag

emen

t mea

sure

s st

reng

then

ed a

nd

impl

emen

ted

and

RM

I ge

tting

max

imum

retu

rns

from

inve

stm

ent t

hrou

gh

onsh

ore

proc

essi

ng, v

alue

ad

ditio

n an

d pa

rtici

patio

n of

lo

cal i

nves

tors

in th

e fis

herie

s in

dust

ry.

(i) R

MI s

hall

take

pos

itive

m

easu

res i

n lin

e w

ith th

e PN

A

initi

ativ

e to

max

imiz

e th

e va

lue

of it

s tun

a re

sour

ces,

incl

udin

g th

roug

h ob

tain

ing

eco-

labe

ling

certi

ficat

ion

and

enco

urag

ing

dom

estic

atio

n of

the

fishe

ries

indu

stry

.

MIM

RA

, PN

A, F

FA,

WC

PFC

, M

IA

2010

MIM

RA

, PN

A,

FFA

, EU

, SFP

, SP

C.

1

MSC

cer

tific

atio

n of

sk

ipja

ck a

lread

y se

cure

d, n

umbe

r of

dom

estic

fish

ing

Cos

.

Num

ber o

f mea

sure

s tak

en to

en

cour

age

onsh

ore

proc

essi

ng,

valu

e ad

ditio

n an

d at

tract

ing

fore

ign

inve

stor

s and

join

t ve

ntur

es b

etw

een

loca

l and

fo

reig

n in

vest

ors.

RM

I get

ting

max

imum

re

turn

s fro

m it

s fis

herie

s ex

ports

and

a si

gnifi

cant

am

ount

of f

orei

gn e

xcha

nge

earn

ed u

tiliz

ed to

impr

ove

the

livin

g st

anda

rds o

f loc

al

peop

le in

RM

I.

(ii) R

MI s

hall

refo

rm it

s law

s an

d re

gula

tions

to c

reat

e an

en

viro

nmen

t whi

ch is

frie

ndly

to

fore

ign

inve

stm

ent i

n th

e fis

herie

s sec

tor.

R&

D, N

TFC

, M

IMR

A,

MoF

, MIA

2013

R&

D, N

TFC

1

Wor

ld B

ank

rank

ing,

#

or v

alue

of

inve

stm

ent i

n fis

herie

s.

Num

ber o

f law

s ref

orm

ed,

crea

tion

of a

tran

spar

ent

Inve

stm

ent b

oard

, sin

gle

polic

y do

cum

ent f

or fo

reig

n in

vest

men

t ado

pted

and

pr

oced

ure

and

step

s to

be

follo

wed

by

fore

ign

inve

stor

s cl

early

out

lined

.

RM

I's ra

nkin

g in

the

ease

of

doin

g bu

sines

s and

the

busi

ness

clim

ate

in g

ener

al

impr

oves

and

inve

stm

ent i

n on

shor

e an

d va

lue

adde

d fis

herie

s ind

ustri

es in

crea

ses,

and

mor

e jo

bs c

reat

ed.

Page 14

13

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

(iii)

Proc

edur

es o

n in

cent

ives

sh

all b

e tra

nspa

rent

and

st

ream

lined

and

the

Min

istry

of

Fina

nce

shal

l iss

ue a

n ex

empt

ion

perm

it to

qua

lifyi

ng

inve

stor

s.

MoF

, MIA

20

13

MoF

1

Cle

ar a

nd tr

ansp

aren

t po

licy

on in

cent

ives

. Po

licy

docu

men

t ena

cted

and

gi

ven

adeq

uate

pub

licity

and

pr

oces

s of i

ssui

ng ta

x w

aive

rs to

qu

alifi

ed in

vest

ors c

larif

ied

and

mad

e pu

blic

.

Bet

ter m

anag

emen

t of

gove

rnm

ent r

esou

rces

, roo

m

for d

iscr

etio

n an

d co

rrupt

ion

on g

rant

ing

ince

ntiv

es

redu

ced

and

trans

pare

ncy

in

gran

ting

of in

cent

ives

and

in

vest

men

t im

prov

ed.

(iv)

RM

I sha

ll w

ork

with

out

er

isla

nds a

nd se

t asi

de la

nd fo

r fis

herie

s dev

elop

men

t in

oute

r is

land

s and

dev

elop

the

nece

ssar

y in

frast

ruct

ure.

R&

D, M

oIA

, T&

C, M

IA

2015

Gov

ernm

ent,

Dev

elop

men

t pa

rtner

s.

2

At l

east

3 o

uter

is

land

s ide

ntifi

ed a

nd

infra

stru

ctur

e de

velo

ped.

Rel

evan

t inf

rast

ruct

ure,

in

clud

ing

road

s, po

rts a

nd

elec

trici

ty in

pla

ce.

Infra

stru

ctur

e in

clud

ing

trans

porta

tion

netw

ork

esta

blis

hed

in id

entif

ied

oute

r is

land

s and

ons

hore

and

val

ue

adde

d fis

herie

s ind

ustri

es

esta

blis

hed,

peo

ple

in th

e ou

ter i

slan

ds b

enef

it fro

m

empl

oym

ent c

reat

ed a

nd

othe

r ser

vice

s. (v

) RM

I sha

ll fo

cus m

ore

on

valu

e ad

ditio

n to

its f

ishe

ries

prod

ucts

rath

er th

an re

lyin

g on

ac

cess

fees

. Pos

itive

mea

sure

s sh

all b

e pu

t in

plac

e to

supp

ort

parti

cipa

tion

of th

e lo

cal p

rivat

e se

ctor

in th

e fis

hing

indu

stry

.

MIM

RA

, PN

A, B

MI,

MID

B, M

IA

2015

Gov

ernm

ent,

Inve

stor

s. 1

Num

ber o

f co

mpa

nies

eng

aged

in

val

ue a

dditi

on a

nd

valu

e of

pro

duct

ion,

nu

mbe

r of l

ocal

bu

sine

ss in

the

fishe

ries i

ndus

try.

Nec

essa

ry in

fras

truct

ure

in

plac

e fo

r priv

ate

sect

or

invo

lvem

ent i

n th

e fis

herie

s in

dust

ry, t

arge

ted

ince

ntiv

es

(elim

inat

ion

of d

utie

s on

inpu

t m

ater

ial a

nd ta

x re

lief m

easu

res)

fo

r inv

esto

rs in

the

fishe

ries

indu

stry

.

Gre

ater

eco

nom

ic b

enef

its

from

ons

hore

pro

cess

ing

and

valu

e ad

ditio

n in

the

fishe

ries

indu

stry

.

(vi)

The

gove

rnm

ent s

hall

cons

ider

intro

duci

ng ta

rget

ed

ince

ntiv

es fo

r inv

esto

rs in

the

fishe

ries i

ndus

try. T

hese

may

in

clud

e re

mov

ing

dutie

s on

raw

m

ater

ials

requ

ired

for f

ish

proc

essi

ng.

MoF

, M

IMR

A,

R&

D, M

IA

2013

Gov

ernm

ent

1

Targ

eted

and

tim

e bo

und

ince

ntiv

es fo

r th

e fis

herie

s in

dust

ry.

Incr

ease

d nu

mbe

r of l

ocal

and

fo

reig

n in

vest

ors i

n th

e fis

herie

s in

dust

ry.

Incr

ease

in in

vest

men

t in

the

fishe

ries s

ecto

r.

(vii)

The

Gov

ernm

ent s

hall

nego

tiate

bet

ter a

cces

s int

o th

e U

S m

arke

t, in

par

ticul

ar, a

cces

s fo

r vac

uum

pac

ked

pre-

cook

ed

tuna

loin

s and

acc

ess t

o th

e in

stitu

tiona

l mar

kets

incl

udin

g th

e U

S m

ilita

ry.

R&

D,

MIM

RA

, M

oFA

, N

TFC

, MIA

2013

MIM

RA

, PIF

S,

Com

pact

, FFA

, PN

A

1

Bet

ter m

arke

t acc

ess

into

the

US

mar

ket

(100

% d

uty

and

quot

a fre

e ac

cess

pl

us im

prov

ed ru

les

or o

rigin

).

PPF

(and

pos

sibl

y ot

her f

irms)

ex

porti

ng v

acuu

m p

acke

d pr

e-co

oked

tuna

loin

s dut

y fre

e to

U

S an

d ha

ve a

cces

s to

the

US

inst

itutio

nal m

arke

ts a

nd

incr

ease

d ex

port

of fi

sher

ies

prod

uct t

o th

e w

ider

US

mar

ket.

Incr

ease

in e

xpor

ts o

f fis

herie

s pro

duct

s to

the

US

mar

ket a

nd m

ore

jobs

and

fo

reig

n ex

chan

ge e

arni

ngs f

or

RM

I.

Page 15

14

Tra

de P

olic

y L

ead

Age

ncie

s R

espo

nsib

le

Tim

e Fr

ame

Pote

ntia

l Sou

rce

of F

undi

ng

Prio

rity

M

easu

rabl

e

Indi

cato

rs

Out

put

Out

com

es

(viii

) RM

I sha

ll es

tabl

ish

the

Com

pete

nt A

utho

rity

and

cons

ider

sign

ing

the

com

preh

ensi

ve E

PA to

hav

e pr

efer

entia

l acc

ess i

nto

the

EU

fishe

ries m

arke

t.

R&

D,

MIM

RA

, N

TFC

, MIA

2015

EU

, PIF

S, F

FA,

EDF

10.

1

Com

pete

nt A

utho

rity

esta

blis

hed

and

RM

I si

gn th

e C

EPA

.

RM

I sig

n th

e CE

PA a

nd h

as a

n EU

cer

tifie

d C

ompe

tent

A

utho

rity.

Mor

e in

vest

men

t, on

shor

e pr

oces

sing

and

val

ue a

dditi

on

of fi

sher

ies p

rodu

cts t

arge

ting

the

EU m

arke

t and

mor

e jo

bs

and

fore

x fo

r RM

I.

(ix) T

here

shal

l be

targ

eted

tra

inin

g on

fish

erie

s and

oth

er

skill

s rel

atin

g to

the

fishe

ries

indu

stry

. Dev

elop

men

t par

tner

s sh

all p

rovi

de fi

nanc

ial

assi

stan

ce/s

chol

arsh

ip fo

r tra

inin

g on

bas

ic a

s wel

l as

adva

nced

skill

s on

fishe

ries.

MIM

RA

, N

TC, C

OM

I, M

IA

2012

Gov

ernm

ent,

US,

FF

A,

deve

lopm

ent

partn

er.

1

Num

ber o

f loc

al

peop

le tr

aine

d on

fis

herie

s.

Fund

ing

for t

rain

ing

secu

red

and

train

ing

com

men

ces l

ocal

ly

and

abro

ad.

RM

I has

trai

ned

and

qual

ified

w

orke

rs in

the

fishe

ries

indu

stry

; effi

cien

cy in

fis

herie

s pro

duct

ion

impr

oves

an

d be

tter m

anag

emen

t of

fishe

ries r

esou

rces

.

(x) R

MI f

lagg

ed v

esse

ls sh

all b

e ex

empt

ed fr

om p

ayin

g en

try

fees

eac

h tim

e th

ey e

nter

the

port

and

they

shal

l not

be

requ

ired

to u

se p

ilota

ge. T

hey

shal

l als

o be

allo

wed

to h

andl

e th

eir o

wn

fish

at p

ort a

nd n

ot

use

expe

nsiv

e st

eved

orin

g se

rvic

es.

T&C

, Por

t A

utho

rity,

R

&D

, MIA

2013

Gov

ernm

ent

1

RM

I fla

gged

ves

sels

ex

empt

ed fr

om e

ntry

fe

es a

nd a

llow

ed to

ha

ndle

thei

r ow

n fis

h an

d ex

empt

ed fr

om

pilo

tage

re

quire

men

ts.

Am

endm

ent o

f law

s exe

mpt

ing

RM

I fla

gged

ves

sels

from

pa

ying

ent

ry fe

es, p

ilota

ge

requ

irem

ents

and

allo

win

g th

em

to h

andl

e th

eir o

wn

fish.

Red

uctio

n in

cos

t of

prod

uctio

n fo

r fis

herie

s op

erat

ors.

(xi)

RM

I sha

ll im

prov

e th

e st

atis

tics o

n fis

herie

s inc

ludi

ng

fishe

ries e

xpor

ts a

s wel

l as

stat

istic

s on

the

valu

e an

d qu

antit

y of

fish

cau

ght i

n R

MI's

EE

Z.

MIM

RA

, EP

PSO

, MIA

20

13

IMF,

PFT

AC

, FF

A, P

NA

, M

IMR

A

1

Acc

urat

e st

ats o

n fis

herie

s inc

ludi

ng

fish

expo

rts.

Com

plet

e, a

ccur

ate,

acc

essi

ble

and

upda

ted

stat

istic

al d

ata

on

the

fishe

ries s

ecto

r mai

ntai

ned

by E

PPSO

and

MIM

RA

.

RM

I abl

e to

ass

ess t

he

cont

ribut

ion

of fi

sher

ies

sect

or to

the

econ

omy

easi

ly

asse

ssed

and

impr

oved

m

onito

ring

and

cont

rol o

f fis

herie

s res

ourc

es.

(x

ii) R

&D

shal

l wor

k to

geth

er

with

out

er is

land

s in

prom

otin

g fo

reig

n in

vest

men

t in

inte

grat

ed

catc

hing

and

pro

cess

ing

and

faci

litat

e ex

ports

of v

alue

add

ed

fishe

ries p

rodu

cts.

R&

D, o

uter

is

land

s, M

IA

2015

R&

D, I

nves

tors

. 1

Num

ber o

f inv

esto

rs

invo

lved

in v

alue

ad

ditio

n.

Incr

ease

d vo

lum

e of

val

ue-

adde

d fis

herie

s pro

duct

pr

oduc

ed a

nd e

xpor

ted.

Dev

elop

men

t of t

he o

uter

is

land

s, ex

pans

ion

of th

e na

tiona

l fis

herie

s ind

ustry

, im

pact

ing

posi

tivel

y on

ec

onom

ic d

evel

opm

ent.